Ingredion Incorporated reported a 26% decline in reported EPS to $2.22 in Q1 2026, mainly due to operational challenges at its Argo facility affecting the U.S./Canada segment. Despite this, other segments like Texture & Healthful Solutions showed steady growth. The company lowered its full-year 2026 EPS guidance to a range of $9.60 to $10.30, citing ongoing operational headwinds and macroeconomic uncertainties. Ingredion expects gradual improvement in operations in the second half of the year and continues to focus on innovation and customer service.
Enigmatig Limited has invested in KUNGFULAND, the first scripted feature-length action-comedy co-produced under a treaty between Singapore and Canada using virtual production technology. Filming began in June 2026 in Singapore, blending LED wall tech...
The U.S. Bankruptcy Court for the Central District of California confirmed the Plan of Liquidation for Oceanwide Plaza LLC, enabling the $470 million sale of the stalled Downtown Los Angeles development to KPC Square, a joint venture between KPC Grou...
Escalating conflict between the U.S. and Iran has kept oil prices elevated, raising concerns about a fresh energy shock that could increase global headline inflation by about 0.8 percentage points, according to BlackRock. Regions like Europe and part...
General Motors will report its second-quarter earnings before the market opens, with analysts expecting adjusted earnings per share of $3.20 and revenue of $47.01 billion. This would represent a 26% increase in earnings per share but a slight 0.2% de...
Bitcoin long-term holders have decreased their selling losses to about 6%, improving from a previous 27% loss, signaling less panic in the market. Despite this, Bitcoin has yet to show strong bullish momentum as rising oil prices and inflation concer...
